Ancora Income Fund Probability of Future Mutual Fund Price Finishing Under 7.38
| AAIIX Fund | USD 7.37 0.01 0.14% |
Ancora |
Ancora Income Target Price Odds to finish below 7.38
The tendency of Ancora Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 7.38 after 90 days |
| 7.37 | 90 days | 7.38 | about 48.06 |
Based on a normal probability distribution, the odds of Ancora Income to stay under $ 7.38 after 90 days from now is about 48.06 (This Ancora Income Fund probability density function shows the probability of Ancora Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Ancora Income price to stay between its current price of $ 7.37 and $ 7.38 at the end of the 90-day period is about 10.38 .
Assuming the 90 days horizon Ancora Income has a beta of 0.12. This suggests as returns on the market go up, Ancora Income average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ancora Income Fund will be expected to be much smaller as well. Additionally Ancora Income Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Ancora Income Price Density |
| Price |
Predictive Modules for Ancora Income
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ancora Income. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Ancora Income Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ancora Income is not an exception. The market had few large corrections towards the Ancora Income's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ancora Income Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ancora Income within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0003 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.33 |
Ancora Income Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ancora Income for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ancora Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund holds most of the assets under management (AUM) in different types of exotic instruments. |
Ancora Income Technical Analysis
Ancora Income's future price can be derived by breaking down and analyzing its technical indicators over time. Ancora Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ancora Income Fund. In general, you should focus on analyzing Ancora Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Ancora Income Predictive Forecast Models
Ancora Income's time-series forecasting models is one of many Ancora Income's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Ancora Income's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Ancora Income
Checking the ongoing alerts about Ancora Income for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ancora Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund holds most of the assets under management (AUM) in different types of exotic instruments. |
Other Information on Investing in Ancora Mutual Fund
Ancora Income financial ratios help investors to determine whether Ancora Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ancora with respect to the benefits of owning Ancora Income security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |